Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages to third parties.
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Oracle (ORCL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
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Shares of Arista Networks (NYSE:ANET) surged 7% intra-day Wednesday following the announcement of the 'Stargate' AI project, which analysts at Jefferies believe will benefit the company along with Ciena (NYSE:CIEN),
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
Microsoft said it has "revenue sharing agreements that flow both ways" with OpenAI. "The key elements of our partnership remain in place for the duration of our contract through 2030, with our access to OpenAI’s IP, our revenue sharing arrangements and our exclusivity on OpenAI’s APIs all continuing forward," Microsoft said.